NOT LISTED FOR SALE

121 Franklin Ave Brooklyn, NY 11205

Bed-Stuy Neighborhood

Estimated Value: $2,621,000 - $2,962,000

5 Beds
2 Baths
2,500 Sq Ft
$1,111/Sq Ft Est. Value

Sale Details

Date Sold: February 26, 2024

Last sale price $2,800,000 $1,120 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $15,016 / mo

246 Days on Market

Highlights

  • Property is near public transit
  • Eat-In Kitchen
  • Entrance Foyer
  • Wood Flooring
  • Park
  • 4-minute walk to Taaffe Playground

About This Home

As of February 2024

3 story brick 2 Family home in Bed-Sty. The duplexed 1st & 2nd floors feature a huge EIK with dinette area, large LR, laundry room, 3 bedrooms and 1 full bathroom. The 3rd floor features a Kitchen, LR/DR combo, 2 bedrooms and 1 full bathroom. Full basement, spacious fenced in yard. The boiler is brand new, HW heater is approx. 1 year old. Great location, near shopping, transportation, schools and much more.

Last Agent to Sell the Property

Joseph V. Crifasi

Crifasi Real Estate Inc Brokerage Phone: 718-821-5999 License #30CR1126424 Listed on: 03/27/2023

Last Buyer's Agent

Joseph V. Crifasi

Crifasi Real Estate Inc Brokerage Phone: 718-821-5999 License #30CR1126424 Listed on: 03/27/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,205

Year Built

  • Built in 1901

Lot Details

  • 2,083 Sq Ft Lot
  • Lot Dimensions are 20.83 x 100
  • Two or More Common Walls
  • Back Yard Fenced

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps/Is 157 Benjamin Franklin Elementary And Middle School
  • A-Tech High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,205

Year Built

Built in 1901

Lot Details

2,083 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1901
  • New Construction: No
  • Attribution Contact: 718-821-5999
  • BuildingSize: 20.83 x 40
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps/Is 157 Benjamin Franklin

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.83 x 100
  • Lot Size Sq Ft: 2083
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-03-28

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 4205

MLS Schools

  • Elementary School: Ps/Is 157 Benjamin Franklin
  • High School: A-Tech High School
  • Middle School District: Brooklyn 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Feb 26, 2024
Sold by
Zafra Grisela and Zafra Roberto
Bought by
Gluck Mendel and Gluck Rosa E
Seller's Agent
Joseph V. Crifasi
Crifasi Real Estate Inc
Buyer's Agent
Joseph V. Crifasi
Crifasi Real Estate Inc
List Price
$2,100,000
Sold Price
$2,800,000
Premium/Discount to List
$700,000
33.33%
Views
63
Current Estimated Value
$2,778,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,000
Avg. Annual Appreciation
-0.36%
Original Mortgage
$2,000,000
Outstanding Balance
$1,966,734
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$811,266

Purchase Details

Closed on
Aug 12, 1994
Sold by
Argiro Catherine and Argiro Eugenia
Bought by
Zafra Roberto and Zafra Grisela

Purchase Details

Closed on
Aug 3, 1993
Sold by
Argiro Eugenia and Argiro Gaspare
Bought by
Argiro Eugenia and Argiro Catherine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gluck Mendel $2,800,000 --
Gluck Mendel $2,800,000 --
Zafra Roberto -- Lawyers Title Insurance Corp
Zafra Roberto -- Lawyers Title Insurance Corp
Argiro Eugenia -- Ticor Title Guarantee Compan
Argiro Eugenia -- Ticor Title Guarantee Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gluck Mendel $2,000,000
Closed Gluck Mendel $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2024 02/26/24 Sold $2,800,000 -6.6% $1,120 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
05/18/2023 05/18/23 Price Changed $2,999,000 +42.8% $1,200 / Sq Ft
03/27/2023 03/27/23 For Sale $2,100,000 -- $840 / Sq Ft
Source: OneKey® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,663 $139,320 $12,540 $126,780
2024 $4,663 $132,540 $12,540 $120,000
2023 $4,453 $119,100 $12,540 $106,560
2022 $4,134 $101,640 $12,540 $89,100
2021 $4,116 $108,420 $12,540 $95,880
2019 $4,047 $94,860 $12,540 $82,320
2018 $3,724 $18,270 $2,849 $15,421
2017 $3,518 $17,256 $3,043 $14,213
2016 $3,259 $16,300 $3,854 $12,446
2015 $1,963 $16,297 $5,186 $11,111
2014 $1,963 $16,123 $6,155 $9,968
Source: Public Records

Agents Affiliated with this Home

  • Joseph V. Crifasi

    Seller's Agent in 2024

    Joseph V. Crifasi

    Crifasi Real Estate Inc

    (718) 930-0400

    1 in this area

    39 Total Sales

    Joseph V. Crifasi
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Map

Source: OneKey® MLS

MLS Number: KEY3467258

OneKey® MLS

APN: 01899-0010

New York Kings County Brooklyn 11205 Bed-Stuy

121 Franklin Ave, Brooklyn, NY

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